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How do you get a $12m runway? I see cash at end of March quarter...

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  1. kar18na
    1,007 Posts.
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    27/04/18
    01:55
    Post #: 32708992
    How do you get a $12m runway? I see cash at end of March quarter $4.623m plus the $4.17m from the rights issue = $8.793m. ​

    I presume we will get the $1.1m R&D rebate they mention in the March 2018 investor presentation after June 2018 based on receiving the 2017 R&D rebate in December 2017.​
    FTT Price at posting: 4.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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